Saturday, October 19, 2019

Long Beach Island NJ (LBI NJ) Real Estate Market and the Benefits of a 20% Down Payment (or more)

Long Beach Island NJ (LBI NJ) Real Estate Market and the Benefits of a 20% Down Payment (or more)



Long Beach Island Real Estate

When looking to buy a home in the Long Beach Island real estate market often times a mortgage will be involved. While it is true that many purchases are cash transactions, especially in the higher price points, understanding financing options is a key step to shopping for a Long Beach Island home. Since the LBI real estate market is primarily a second home market, loans of less than 20% were non-existent until recently. In the past year or so, we have been seeing more and more low down payment loans, some as little as 5% or 10% down. To that end, buyers should understand the advantages of LBI Real Estate Market 20% Down Payments and how they can impact the ownership cost of a home.



Where to Start in the LBI Real Estate Market

Where to Start in the LBI Real Estate Market





Buying Long Beach Island Real Estate

For many, buying a home in the Long Beach Island real estate market can be an intimidating process. The investment made in a second home is very different from buying a primary home and it is important to understand how the Long Beach Island real estate market differs in its process. When getting started in the LBI real estate market there are a few simple steps which can make the process easier and make the investment successful and worthwhile.

By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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Friday, October 18, 2019

Making a Cash Offer in the Long Beach Island NJ Real Estate Market

Making a Cash Offer in the Long Beach Island NJ Real Estate Market




Buying Long Beach Island Real Estate

The LBI real estate market is a competitive market. With a stronger economy over the last few years we have seen more and more cash offers being made. This change has helped to increase property values throughout the LBI real estate market. This is especially true of vacant land or tear down properties with the intention to build a new home. In many transactions, but especially in the tear down market, we will see offers which can put buyers with a mortgage at a disadvantage throughout the negotiation. Fortunately, there are ways to strengthen your position when dealing with LBI real estate cash offers to remain competitive.

By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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Wednesday, October 2, 2019

Online LBI Real Estate Valuations

Online LBI Real Estate Valuations



Long Beach Island Real Estate Online Valuations

There is no question that the internet is a tremendous tool to help navigate the real estate market on Long Beach Island. The vast amount of information available online has helped to correct many of the challenges that buyers and sellers used to face in any real estate market. Now buyers and sellers in the LBI real estate market can double check the information provided to them by a local real estate agent. While this transparency is very helpful, buyers and sellers must keep in mind that these online valuation tools are often not 100% (or anywhere near 100%) accurate. Therefore, Long Beach Island Real Estate Online Valuations have a place in the market but must be taken with a grain of salt.


By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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Thursday, September 26, 2019

LBI New Jersey Real Estate Offers

LBI New Jersey Real Estate Offers




Long Beach Island Real Estate Offers

After finding the right home for sale on Long Beach Island and understanding your financing options , it is time to make an offer. An offer will be made either by a 1 page off sheet or a full sales contract. In either case, the offer is made to show your interest in the property an outline the terms through which you would like to purchase the home. This step essentially is your first impression to the seller and formalizes the process needed to purchase the property. It is best to make an offer in line with the current market to appear serious but low enough so as to not appear eager for a home on Long Beach Island.





By : Nathan Colmer |LBI Real Estate Agent | The Van Dyk Group
Cell: 609-290-4293 | Office: 800-222-0131 | ncolmer@vandykgroup.com
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